If you have been following Apple’s NASDAQ:AAPL stock closely, you wouldn’t expect to find another stock that has outperformed it, not at least among old retailers selling screws, and bolts. Yes, screws and bolts, that’s what retailer Fastenal Co NASDAQ:FAST sells. Since 1987, its stock has outperformed the stocks of Apple and Microsoft NASDAQ:MSFT—gaining 37,178 percent compared to Apple’s 5,542 percent, and Microsoft’s 9,906 percent. What is the secret of its success? (…)
via The Sum of All Advantages: How a Sleeper Stock has Outperformed Apple – Forbes.